Stop Loss Grid Expert: Code for a grid trading system that does not have unlimited drawdowns
This expert shows code for a grid trading system that attempts to resolve one of the biggest problems with grid trading, steep drawdowns in a trend.
The code is true to the original strategy rules but there are some execution aspects that can be improved. I may cover those in a follow up video.
The method for this grid came from Expert4x and closes the entire grid on pullback or breakout.
You will need the Orchard Framework to use this code. There is a link below.
See the Orchard blog post at:
https://orchardforex.com/stop-loss-gr...
To download the Metatrader 4 and 5 platforms and open demo accounts
MT4: https://www.orchardforex.com/download...
MT5: https://www.orchardforex.com/download...
References:
Expert4x video: • How to trade the Forex Grid system. A...
Expert4x Web: https://expert4x.com/
GitHub:
Framework: https://github.com/OrchardForexTutori...
Code: https://github.com/OrchardForexTutori...
Related Videos and Playlists
Framework 3: • Starting 2022 with a new Orchard Fram...
Expert4x Original: • How to trade the Forex Grid system. A...
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Web: https://www.orchardforex.com/
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Chapters
00:00 - Start
00:06 - Introduction
08:35 - Demonstration
11:04 - Expert Code
37:15 - Conclusion